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REinventing MLS
Category Archives: MRED Communications
Should I Wait Until Next Year? Or Buy Now? [Infographic]
Blog post via KCM Blog
How to Download Your Homesnap Pro Account
- Look for your email from Homesnap with your personalized link to download Homesnap Pro
- This link will take you to your app store to download the app
- After the app has downloaded, open the app and when promoted, click “I’m a Real Estate Agent”
- Next, click “Yes, I am a member of MRED”
- Search for your MLS account with your name
- Choose which way you would like to verify your account, email or text message
- Confirm your profile information and add a photo. NOTE: You MUST add a photo to your account
- Create a password for your account
- Click “Complete Profile”
Broker Public Portal (BPP) Initiative Takes Off As MRED Launches Homesnap in Chicago
Chicagoland MLS is first in country to roll out new home search experience backed by real estate industry.
LISLE, IL, JULY20, 2016 — Midwest Real Estate Data (MRED), the Chicagoland multiple listing service (MLS) representing over 40,000 real estate professionals in the Chicago area, has become the first MLS to launch the Broker Public Portal (BPP). BPP will be going to market with the Homesnap brand and with the full suite of consumer and agent-facing features offered by Homesnap. MRED customers will receive access to mobile real estate app Homesnap Pro and other benefits as a result of MRED s participation in and support of the BPP initiative. This is the first time that brokers in Chicago have supported an MLS-sponsored consumer home search experience in their market.
The BPP initiative is a collaboration between real estate brokerages, real estate franchisors and Multiple Listing Services (MLSs) across the United States to create a national home search experience for consumers that is more straightforward and clear than those offered by advertising-driven media companies. In May, the BPP board announced it had partnered with Homesnap, creator of highly-rated real estate apps for consumers and agents, to launch BPP under the Homesnap brand. This will include an iPhone app, Android app, and mobile and desktop websites. The experience will be free from ads and paid agent placement. Instead, consumers can easily collaborate with their own agent, or connect instantly to the listing agent, ensuring information and answers from a pro who truly knows the home, neighborhood and local market conditions.
”MRED is thrilled to be the first to implement BPP for its customers,” said Rebecca Jensen, President/Chief Executive Officer of MRED. “It was critically important to our leadership that the Fair Display Guidelines be the guiding light of this project, and we are proud to support a grassroots effort that has backing from all corners of the real estate industry. Homesnap has a great track record in other markets and we are very excited to bring it to the Midwest as part of the suite of services we provide to our real estate professionals.”
“We commend MRED’s early participation in and bold support of BPP,” said Guy Wolcott, co-founder and CEO of Homesnap. “This initiative is designed to help MRED create nationwide listing exposure and lead generation for their members without having to pay to advertise their listings online. MRED customers will enjoy many direct benefits, including access to Homesnap Pro and a robust platform to collaborate with their clients and each other. We are thrilled to be working with MRED and expect they will set the precedent for other MLSs to follow suit.”
“MRED shares our vision of home search defined by simplicity, integrity and common sense,” said BPP Co‐Chair John Mosey, CEO of Twin Cities-based NorthstarMLS, which serves Minnesota and Western Wisconsin. “Consumers and agents in greater Chicago will now be able to work together more easily, with better information, than ever before.”
About MRED
Midwest Real Estate Data (MRED) (http://www.mredllc.com) is the real estate data aggregator and distributor providing the Chicagoland MLS to more than 40,000 brokers and appraisers and nearly 8,000 offices. MRED serves Chicago and the surrounding “collar” counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana. MRED delivers over twenty products and services to its customers, complementing connectMLS™, the top-rated MLS system in the country for three years running according to the WAV Group MLS Technology Survey. MRED is the 2013 Inman News (http://www.inman.com) Most Innovative MLS/Real Estate Trade Association, and for five consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal (http://www.benchmarkportal.com). For more information please visit MREDLLC.com.
About BPP
The Broker Public Portal LLC is a collaborative venture between real estate brokerages and MLSs to create a national consumer home search experience defined by simplicity, integrity and common sense. The portal aims to provide consumers with direct access to the most comprehensive, timely, and complete property information while adhering to fair display guidelines. The BPP initiative is backed by 115 MLSs and real estate companies, including franchisors, independent brands, big brokers, and small brokers, operating in diverse markets across the country and collectively representing over 500,000 real estate agents. It will be funded by, and rolled out through, local MLSs. More information can be found at http://brokerpublicportal.com.
About Homesnap
Homesnap is the highest-rated mobile real estate app, used by millions of consumers to explore homes and search listings. Homesnap Pro, the professional version of Homesnap, is the fastest-growing mobile app for agents – now available to every agent in 40 MLSs with over 300,000 members. Both are powered by a specialized homes database that combines MLS data, property tax records, census data, geographic boundaries and more.
MRED Chicagoland Report for May 2016
We are in the thick of an exciting period of home buying and selling, often with quick multiple offers that are near, at or even above asking price, depending on the factors of the home and submarket in question. It was widely predicted that we would see healthy sales activity during the second quarter of 2016, and the market has not disappointed.
New Listings in Chicagoland were up 1.1 percent for detached homes but decreased 1.3 percent for attached properties. Listings Under Contract increased 18.2 percent for detached homes and 8.8 percent for attached properties.
The Median Sales Price was up 7.1 percent to $237,000 for detached homes and 3.2 percent to $195,000 for attached properties. Months Supply of Inventory decreased 22.3 percent for detached units and 28.0 percent for attached units.
Although inventory is still being stretched thin in many areas, low mortgage rates coupled with higher wages have built a relatively sturdy housing marketplace. How long that can continue without fresh supply remains an important question, but conditions are seemingly good enough for serious buyers. With the current slow state of new construction for non-rental households, the road ahead could be tricky if demand remains high.
MRED real estate professionals can log into MREDLLC.com and click on the Statistics tab to get the latest Lender Mediated and Monthly Market Indicators Reports. You can also click on the Local Market Updates choice under the Statistics tab and use our Interactive Market Analytics map for the latest local market metrics.
Any questions? Please contact MRED’s Help Desk at 630-955-2755 or help.desk@MREDLLC.com.
Midwest Real Estate Data (MRED) Welcomes Art Carter as its Newest Board Member
CRMLS Chief Executive Officer Joins Chicagoland MLS Giant as a Strategic Manager
LISLE, ILLINOIS (June 14, 2016) – Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service (MLS), announced that Art Carter, Chief Executive Officer of the California Regional Multiple Listing Service (CRMLS), has been elected to MRED’s Board as its new Strategic Manager.
MRED created the position of Strategic Manager, to be filled by up to two individuals at the discretion of and election by MRED’s Board members. Strategic Managers are invited onto the Board because of their expertise and participate on an advisory basis. Their input is invited to enhance the ability of MRED’s leadership to make the best decisions and serve their real estate professionals in the most effective manner.
As CEO, Mr. Carter oversees the strategic direction of CRMLS. With more than 80,000 agents, it is the MLS serving the largest number of real estate professionals in the country, encompassing thirty-six (36) REALTOR® associations across California. Mr. Carter has been CEO of CRMLS since 2005, and under his leadership it has successfully merged with three other MLSs, obtaining over 40,000 new members. Mr. Carter is one of Inman News’ 100 Most Influential Real Estate Leaders and one of the Top 20 Association/MLS Executives in the Swanepoel Power 200. In 2012, he was inducted into the Dr. Almon R. (Bud) Smith, RCE, AE Leadership Society in recognition of this dedicated service and commitment to advancing the REALTOR® organization and the Association Management profession. A Past President of the Council of Multiple Listing Services (CMLS), he is currently serving as the Chair of the Real Estate Standards Organization (RESO).
“MRED is a powerhouse in the MLS industry,” said Mr. Carter. “I look forward to joining the leadership of such a distinguished organization. It is more important than ever for the industry to work together, and my new role will enable two of the largest MLSs in the country to collaborate at the highest level.“
“Art Carter is one of the most respected voices in our industry,” said MRED President and Chief Executive Officer Rebecca Jensen. “I speak for MRED’s Board and myself when I state how fortunate we feel to have Art join our Board. His broad industry experience and noteworthy accomplishments will be invaluable to MRED as we address the many challenges ahead.”
About MRED
Midwest Real Estate Data (MRED) is the real estate data aggregator and distributor providing the Chicagoland multiple listing service (MLS) to more than 40,000 brokers and appraisers and nearly 8,000 offices. MRED serves Chicago and the surrounding “collar” counties and provides property information encompassing northern Illinois, southern Wisconsin and northwest Indiana. MRED delivers over twenty products and services to its customers, complementing connectMLS™, the top-rated MLS system in the country for three years running according to the WAV Group MLS Technology Survey. MRED is the 2013 Inman News Most Innovative MLS/Real Estate Trade Association, and for five consecutive years the MRED Help Desk has been identified as one of the best small business centers in the United States and Canada by BenchmarkPortal. For more information please visit MREDLLC.com.
Home Prices Up 5.67% Across The Country! [Infographic]
Blog Post via KCM Blog
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